FIA AGAINST FERRARI AND FOTA

Motorsport's ruling body, the FIA, has announced it will be launching legal action against the Formula 1 teams trying to set up a breakaway championship.

The Formula One Teams' Association (FOTA) announced on Thursday night that, after failing to reach an agreement with the FIA, will start its own series next year.

But the governing body has responded to FOTA with a legal threat, saying the teams, and Ferrari in particular, have binding commitments that they cannot break.

The FIA also said that it will delay the publication of the 2010 entry list, expected tomorrow.